US Bank Adds Square Wallet to Digital Wallet Options
U.S. Bank has announced that it is adding Square Wallet to its digital wallet options available to customers on their iOS and Android smartphones. The bank says that "customers can link their U.S. Bank credit, debit, or prepaid account to the Square application to make purchases from their smartphone."
Square wallet can be used at merchant locations that sell with Square. Customers can discover nearby businesses using Square Wallet, and pay at the point of sale with their mobile device by simply saying their name. Square’s technology automatically manages the transaction from the customer’s U.S. Bank payment account to the merchant. Transactions are completed without the cashier ever having the customer’s account number and other sensitive data.